The Court of Appeal’s decision in Mady Development Corp. v. Rossetto, 2012 ONCA 31, reaffirmed the principle that equitable relief is always discretionary and fact specific.

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The Competition Bureau announced on February 7, 2012, that the pre-merger notification transaction size threshold will increase to $77 million, likely as of February 11, 2012. The party size threshold remains set at $400 million. Generally speaking, parties to proposed mergers must notify the Bureau in advance of closing where: The transaction relates to an [...]

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On February 6, 2012, the Competition Bureau announced that it would start publishing monthly reports of concluded merger reviews. The reports will include the names of the parties, the industry sector involved, and the result of the Bureau's review. The Bureau has even published a sample report involving a fictitious transaction.

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The Competition Bureau garnered its first conviction under the amended conspiracy provision of the Competition Act yesterday, as Domfoam International Inc. and Valle Foam Industries (1995) Inc. plead guilty to conspiracy and were fined $12.5 million. The investigation into the price-fixing of polyurethane foam has been ongoing since February 2010 and received cooperation through both [...]

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